77 Ways You Can Be An Exceptional Entrepreneur

The opportunities for growth as an entrepreneur are always endless. The burning desire to build a great company is an invaluable quality of great entrepreneurs. These are 77 ways to be a better entrepreneur at what you do.

1. Practice isn’t the thing you do once you’re good. It’s the thing you do that makes you good. ~ Malcolm Gladwell

24. The quality of your VC isn’t more important than the quality of your product or your team.

25. Be prepared to outsource where necessary.

26. Establish a business agreement (contract) at the very beginning of your venture. This should outline who does what and equity split. This eliminates nasty legal issues once the business becomes successful. – Tom Preston-Werner

27. Customers will always tell you how to improve but not how to be different.

28. Be consistent in your management practices until you realize what’s wrong with them.

29. Building a company is like baking a cake… sometimes the eggs get on the roof. –- Marc Andreessen

30. Entrepreneurs must test early, pivot when necessary.

31. Join a startup for the learning experience, then start your own company.

32. It’s ok if something doesn’t scale as long as it strengthens your position.– Adam D’Angelo

33. Believe in yourself, but always be ready to learn and adapt.

34. Know how to predict the future and create a plan to take advantage of it.

35. You don’t need a business plan. You don’t need to have an MBA. All you need is a great idea. Anything is possible and you can accomplish it. – Ron Conway

36. Ambition is a quality that all great entrepreneurs have.

37. Be open to planning, motivating, coaching, and evaluating your employees.

38. The “magic formula” is an engineer who can become an entrepreneur and CEO.-Marc Andreessen

39. Manage Cash – make it your top priority.

40. Create a plan and frequently review it with your team.

41. Ignore your mistakes. The number one thing to worry about is “Am I doing what I’m good at?–Max Levchin

42. Be passionate and disciplined with a sense of urgency, leading others by example.

43. Hire smart people who can actually get things done

44. Encourage diverse thinking.

45. Bring people on that get it, that contribute more than they take away.

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